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Adelphia founder Rigas and son lose appeal

The 2nd U.S. Circuit Court of Appeals in Manhattan wrote "defendants are wrong" in upholding the convictions of Adelphia founder John J. Rigas and his son, Timothy J. Rigas, on charges of securities fraud, conspiracy to commit bank fraud, and bank fraud. Both Rigases are free on bail, but the appeals rulings will likely mean they'll be required to report to prison where the elder Rigas was sentenced to 15 years and his son 20 years.
This is CABL.com posting #191103. Tiny Link: cabl.co/mXSt
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